CGS International Forex Broker keeps up-to-date with the latest trading account information, including Accredited Investor, Classic maximum leverage of --, trading varieties, and more
Rating Index
Pros
Competitive trading fees with no deposit or withdrawal fees.
Access to a variety of trading platforms, including MetaTrader 4 and 5.
Strong regulatory oversight from the Monetary Authority of Singapore (MAS).
Cons
Limited selection of trading instruments, particularly in forex and cryptocurrencies.
Complex fee structure for non-standard instruments may confuse traders.
Customer support response times can be slow, with email queries taking several days for a reply.
CGS International broker Accounts
Accredited Investor
Classic
CGS CIMB Account Type
CGS CIMB offers several types of trading accounts to cater to the diverse needs of its clients. The main account types include:
- Mini Account
- Minimum Deposit: SGD 100
- Spread: From 0.3 pips
- Leverage: Up to 1:20
- Minimum Trade Volume: 0.01 lots (1,000 units)
- Classic Account
- Minimum Deposit: SGD 5,000
- Spread: From 0.7 pips
- Leverage: Up to 1:20
- Minimum Trade Volume: 0.1 lots (10,000 units)
- Accredited Investor Account
- Minimum Deposit: SGD 10,000
- Spread: From 0.7 pips
- Leverage: Up to 1:20
- Minimum Trade Volume: 0.1 lots (10,000 units)
- Visit the CGS CIMB Website:
- Navigate to the official CGS CIMB website to access the account registration section.
- Choose Account Type:
- Select the account type (Mini, Classic, or Accredited Investor) that suits your trading needs.
- Fill Out Registration Form:
- Provide personal information, including your full name, address, email, and contact details. You will also need to create a password for your account.
- Submit Identification Documents:
- Upload valid identification documents, such as a passport or national ID, and provide proof of residence (e.g., utility bill or bank statement).
- Account Verification:
- Wait for your account to be verified. This process typically involves CGS CIMB confirming your identity and the authenticity of your submitted documents.
- Fund Your Account:
- After verification, deposit the minimum required amount to activate your trading account. Various funding methods are available, including bank transfers.
- Start Trading:
- Once your account is funded, you can start trading on the CGS CIMB platform, utilizing the tools and resources available to you.
Each account type is designed to accommodate varying levels of trading experience and capital investment, ensuring that traders can select the option that best aligns with their trading strategies and financial goals.
CGS CIMB Broker Account Opening Process
Opening an account with CGS CIMB is a straightforward process that can be completed online. Here are the steps involved:
By following these steps, you can efficiently set up your trading account with CGS CIMB and begin your trading journey.
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